New consolidator to hoover up 12 adviser firms in national push

Eight firms partway through acquisition process

clock • 2 min read

New advice player Independent Wealth Planners (IWP) is set to launch its national brand, with a projected more than £2bn client assets by 2020.

More than 12 IFA firms from Cornwall to Yorkshire will be incorporated into IWP, cementing its national presence. Another eight firms have signed up and are partway through the acquisition process, giving IWP firms total projected total client assets of over £2bn in the first quarter of next year. IWP plans to establish a nationwide presence with about 50 offices and business and is currently in active discussions with over 20 local IFA firms, in addition to the 12 already announced. IWP chief executive David Inglesfield said the company was a long-term investor in the IFA sector a...

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